British International Investment

Kamponji Enterprises Limited

Southern AfricaFood & Agriculture

Kamponji Enterprises Limited (KEL) is one of Malawi’s leading poultry companies. Established in 2013, the Limbe-based company produces, distributes and retails table eggs, broiler day-old chicks and animal feed across Malawi.

This investment was made when British International Investment was named CDC Group.

We have now exited this investment. This is what we achieved.

Achieved impact

In 2017, we made a $15 million equity investment in Kamponji Enterprises Limited to improve the availability of an affordable source of protein (eggs) to the Malawian population. In addition, our investment aimed to support economic opportunities for small-scale farmers through the distribution of chicken feed and day-old-chicks.

Our funding was used to stabilise the business and increase its production capacity. By the time we exited in 2021, KEL produced 24 per cent more eggs, doubled its chicken feed production capacity and increased the number of chicks sold to farmers by 26 per cent.

During our investment we supported the company to make substantial improvements to its environmental and social standards, including animal health and welfare as well as food safety. Our technical assistance facility also funded a feasibility study on waste (manure) to energy.

Expected impact

In 2017, CDC invested $15 million in KEL through the Impact Accelerator.

Our investment provided both expansion and working capital to support the company’s growth strategy.

We exited this investment in 2021.

A high proportion of Malawi's population lives below the poverty line and fish is the main source of protein for most people. However, a combination of dropping fish stock levels and rapid population growth has put pressure on this traditional protein source.

In this context, it is important to ensure a reliable supply of alternative and affordable sources of protein, such as eggs.  Our investment in KEL will help improve access to and increase the supply of high-quality animal protein (table eggs and day-old chicks) and feed for the domestic and regional markets. 

Our investment will aim to improve access to training through various initiatives such as the company’s 'demo farm' concept which trains small poultry farmers in effective poultry management. 

We also expect wider economic benefits that will stimulate the local economy through job creation, contribution to government taxes and purchasing of key resources from local farmers and aggregators.

This is the third investment that the Impact Accelerator team has made to increase access to basic goods and services in Malawi, alongside smallholder agribusiness Jacoma and sustainable green building materials producer 14 Trees.

Reporting and Complaints Mechanism

The Reporting and Complaints Mechanism allows anyone outside BII to report alleged breaches of the business integrity or environmental and social provisions of BII’s Policy on Responsible Investing. This includes breaches made by BII, a BII investee, or a portfolio company of a fund in which BII has invested. The Reporting and Complaints Mechanism Rules are available here. Reports and complaints can be submitted by email to [email protected] or by mail. See more details on our Reporting and Complaints Mechanism here.

For any other general enquiries contact us at [email protected]

  • Key facts

    Last updated

    When the last quarterly update of the website database occurred.

    June 2024
    Project number

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    The geographical region where the country is located. We currently invest in Africa, South Asia, South East Asia and the Caribbean. In 2023, BII’s investment mandate was extended allowing it to invest in regional funds linked to Ukraine, with the majority of activity expected to begin post-war. Investments outside these regions were made prior to 2012 under previous investment mandates.

    Southern Africa

    The countries where the investment delivers impact. Where impact is delivered in multiple countries, this is indicated.


    We prioritise those sectors that facilitate development and need our capital the most. Our priority sectors contribute towards many of the Sustainable Development Goals. They range from investing in the power infrastructure that will provide people with better access to electricity, to investing in financial institutions that direct capital to the individuals and businesses that need it the most.

    Food & Agriculture

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    Investment type :
    Start date :
    May 2017
    End date :
    November 2021
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